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![Allied Farmers to raise $19.3m in discounted placement, rights issue](/pf/resources/images/placeholders/placeholder_l.png?d=870)
Allied Farmers to raise $19.3m in discounted placement, rights issue
Allied Farmers has unveiled a $19.3 million capital raising plan.
![Feltex Five 'all honest men'](/pf/resources/images/placeholders/placeholder_l.png?d=870)
Feltex Five 'all honest men'
A judge says the five Feltex directors found not guilty of breaching financial reporting rules were "all honest men".
![Feltex directors cleared by court](/pf/resources/images/placeholders/placeholder_l.png?d=870)
Feltex directors cleared by court
Feltex's five former directors have been found not guilty of breaching financial reporting rules.
![NZ dollar tumbles despite interest rates hike](/pf/resources/images/placeholders/placeholder_l.png?d=870)
NZ dollar tumbles despite interest rates hike
The NZ dollar has tumbled this morning, after Reserve Bank governor Alan Bollard signalled that future interest rate rises will be more modest than earlier indicated.
![<i>Brian Fallow:</i> Bollard still expects 'respectable' growth](/pf/resources/images/placeholders/placeholder_l.png?d=870)
<i>Brian Fallow:</i> Bollard still expects 'respectable' growth
Bollard's statement carried a thinly veiled warning about the consequences of passing on GST increases.
![NZ dollar jumps to six-month high](/pf/resources/images/placeholders/placeholder_l.png?d=870)
NZ dollar jumps to six-month high
The NZ dollar climbed to a six-month high as a surge in new home sales in the US stoked investors' appetite for higher-yielding, or riskier, assets.
![<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble](/pf/resources/images/placeholders/placeholder_l.png?d=870)
<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble
It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.
![<i>Dollar Outlook: </i> Kiwi may gain as rate decision looms](/pf/resources/images/placeholders/placeholder_l.png?d=870)
<i>Dollar Outlook: </i> Kiwi may gain as rate decision looms
The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder this week.
![OCR hike tipped for next week](/pf/resources/images/placeholders/placeholder_l.png?d=870)
OCR hike tipped for next week
The Reserve Bank is tipped to raise the Official Cash Rate next week, despite lower than expected economic growth.
![EU lenders await 'stress test' bank results](/pf/resources/images/placeholders/placeholder_l.png?d=870)
EU lenders await 'stress test' bank results
Shares across Europe rose yesterday amid hopes that most of the continent's 91 top banks will pass EU-mandated 'stress tests'.
![Kiwis will turn to credit if Bollard raises interest rates](/pf/resources/images/placeholders/placeholder_l.png?d=870)
Kiwis will turn to credit if Bollard raises interest rates
Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a new survey.